Unit 9- Globalization

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Last updated 10:33 PM on 5/8/24
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9 Terms

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Deforestation

Large scale clearing of trees leading to urbanization, urban sprawl, development of suburbs, and extinction of animals due to habitat destruction.

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Pollution

Resulting from deforestation, causing erosion, contamination of rivers, and decline in air quality due to industrial activities and fossil fuel usage.

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Desertification

Transformation of fertile land into infertile desert-like conditions due to poor land management practices.

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Neoliberalism

Emphasis on free market policies, reduced government intervention, exemplified by leaders like Reagan and Thatcher, leading to economic growth but widening rich-poor gap.

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Global economic institutions

Such as the World Trade Organization regulating global trade, regional trade agreements like the European Union, and multinational corporations operating across borders.

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New communication technologies

Including radio, television, cellular phones, and the internet, reducing geographical barriers and connecting people worldwide.

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Energy technology

Transition from coal to petroleum as the main power source, nuclear power as a cleaner alternative, impacting industrial production and global consumer goods demand.

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Medical technology

Advancements like antibiotics, vaccines, and birth control leading to reduced mortality rates and global disease prevention.

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Agricultural technology

Commercial farming and the Green Revolution introducing GMOs, increasing global food supply but causing soil exhaustion and pollution.